Extra work/risk => extra reward.

However, it's extremely important to note that you CANNOT take the extra concessions as cash.

Then house hack by renting out the extra bedrooms.

Being on the board of the HOA will give you some extra work but also more control of your investment. 

I have an extra bedroom that I will be renting to my friend. 

Me and my partner Brandon whom I work with are hunting down investors looking to make some extra cash.

This is precisely the reason why I'm upset with Intuit, because you're right, had I known this before I could have stopped that tenant from paying through Intuit.Indeed, companies aren't perfect, but typically, when they make a mistake, they go out of their way to fix it manually, Intuit didn't go the extra mile.

That said, if it were me and I would not miss the extra 5% down, I would be locking the 4.125%, 80% LTV deal, saving on fees and avoiding PMI.

Teaching a dog the "hold" command sets you up for some extra fun photos.Enjoy!"

If the tenants are month to month that's no big deal, but as the new owner/manager of this property you'll have the responsibility of maximizing income and month-to-month leases add extra risk of unexpected vacancy.